Every business is financed by different types of financiers. A classification of equity and debt is often used for this purpose. In all cases, financing is concerned with raising financial resources to meet certain expenses in the business. These expenses often involve the following:
- Acquiring fixed assets
- Financing operating capital requirements
- Acquisition (the purchase of another business)
Financing involves many issues. This is not limited to financial knowledge and expertise, but also an understanding of the company and industry. Potential financiers demand extensive convincing information to reach a financing decision. The entire market of financiers also requires the necessary knowledge. Where is the best place to go? In the previous century, financing was often only available from a few major banks, but nowadays you can choose from a vast number of providers. However, it is not easy to choose the right financiers for your business.
Corpance’s team has the expertise and experience to guide you through all facets related to financing. We can assist you right from the start of a financing process, which includes writing a complete financing memorandum that can be sent to the intended financier or financiers. In this memorandum, we examine the financial history and expectations regarding the future in detail, and we also analyse your organisation degree and position in the market and environmental factors. Ultimately, with a financier it always comes down to his/her expectations regarding return and/or repayment capacity.